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79 Madison Street, Wilkes-Barre, PA 18702

New Listing
$1,750,000
4 BUILDING PACKAGE All 4 Buildings Front Living room Kitchen Lower level Back yard Lower level Bedroom Bathroom
Property Type: Residential Income Square Footage: 4,000 Status: Active
Current Price: $1,750,000 List Date: 7/22/2026 Last Modified: 7/24/2026

Overview

Description

Multi-unit package deal with 4 buildings and a separate lot. 33 TOTAL BEDROOMS 13 TOTAL BATHROOMS College housing. Excellent income producing properties. Fully remodeled and freshly painted. INCLUDES MLS #26-3573, 26-3572,26-3571

Supplements: TURNKEY PORTFOLIO 4 package deal consists of 4 separate buildings and 1 separate parking lot. 33 Total Bedrooms 13 Total Bathrooms College Housing $470.00 per bedroom 12 mths. Students pay all utilities Fully renovated from studs Well maintained Freshly painted Excellent cash flow SEE MLS 26-3661 (276 N WASHINGTON ST WILKES BARRE) 26-3573 (35- ... (Read more) TURNKEY PORTFOLIO 4 package deal consists of 4 separate buildings and 1 separate parking lot. 33 Total Bedrooms 13 Total Bathrooms College Housing $470.00 per bedroom 12 mths. Students pay all utilities Fully renovated from studs Well maintained Freshly painted Excellent cash flow SEE MLS 26-3661 (276 N WASHINGTON ST WILKES BARRE) 26-3573 (35-37 MALLERY PL WILKES BARRE) 26-3575 (79-81 MADISON WILKES BARRE) 26-3571 (219 N. MAIN ST WILKES BARRE)

Listing Details MLS# 26-3575

Location, Tax & Legal

House # (1)
79
Street Name
Madison
Street Suffix
Street
City (Post Office)
Wilkes-Barre
State/Province
PA
Zip Code
18702
County
Luzerne
MLS Area
Wilkes Barre
School District
Wilkes-Barre
Municipality
Wilkes Barre City
Develop/Subdivision
None
House # (2)
81
Zoning
Residential
PIN #
73-H10NW4-022-15A
DB/Record Book
3017
Page
260158
Total County Assmnt
44200
Est County Tax
0
Est Total Tax
2800
Tax Year
2025

Listing Information

Limited Service
No

Property Information

Property Sub Type
Multiple Buildings
Realtor.COM Type
Multi-Family
Aprx Total SF
4000
Est Age Range
76 - 100 Yrs

Remarks Directions

Directions
From N Main St Wilkes Barre turn onto Beaumont St then turn right onto Madison St. property on the left.

Expenses

Annual Gross Income
55200
Annual Sewer Exp
556
Annual Real Est Tax
2800
Annual Fire/Liabilty
1400
Annual Other Misc
300
Total Annl Expenses
5106
Anl Net Inc b/4 Debt
50000
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0

More Information

Appliances

# Ranges
Yes

Unit 1 Info

Unit #
Yes
Approx SF
2000
# Rooms
7
Monthly Rent
470
# Bedrooms
5
Kitchen Style
Modern
# Baths
2
Lease
Y
Heat in Rent
Y
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Approx SF
2000
# Rooms
7
Monthly Rent
470
# Bedrooms
5
Kitchen Style
Modern
# Baths
2
Lease
Y
Heat in Rent
Y
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Remarks & Directions

Hot Sheet Comment
new

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes

Heat Type

Hot Water Baseboard
Yes

Condition

Very Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Vinyl
Yes
Other - See Remarks
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Hot Water Heater

Gas
Yes

Basement

Concrete Floor
Yes

MF Amenities

Other - See Remarks
Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: None Condition: Very Good Exterior: Vinyl; Other - See Remarks Roof: Comp Shingle Interior Finish: Drywall Water: Public Sewer: Public Hot Water Heater: Gas Basement: Concrete Floor MF Amenities: Other - See Remarks
Listing Office: Avanti Real Estate Group
Listing Agent: Amy Spess
Last Updated: July - 24 - 2026
Information deemed reliable but not guaranteed.

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Specializing in residential and commercial sales, McDermott & McDermott Real Estate, Inc. services also include investment sales and property management. We are actively involved in turning the many bank-owned foreclosures back over to the hands of our communities.


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142 N Main Street, First Floor
Shavertown, PA 18708

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126 Cinder Lane
Blakeslee, PA 18610

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